“This is an especially sad day for those who have supported us, particularly the 250 staff who will now lose their jobs.

“Closing fabric is not the answer to the drug-related problems clubs like ours are working to prevent, and sets a troubling precedent for the future of London’s night time economy.”

Last night’s licensing review at Islington Town Hall followed the recent drug-related deaths of two 18-year-old men at the venue. Police had called the club “a safe haven for drugs,” an accusation strenuously denied by the club, who said last week: “The safety of our customers has always been our number one priority.”